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Home ON St. Catharines - Niagara St. Catharines Port Dalhousie
51 MAIN STREET
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51 MAIN STREET $1,736,000
$1,736,000
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51 MAIN STREET
St. Catharines (438 - Port Dalhousie), Ontario L2N4T8

MLS® Number: X9412685

Listing Description

6 cap!! Steps from the beach! Cashflow AND long-term upside potential with this 8 unit apartment building. Some balconies offering water views of the Royal Canadian Henley Regatta. Situated in one of Niagara's most desirable neighborhoods, surrounded by multi-million dollar homes, and just a 5-minute walk to the active Port Dalhousie beach front, where there are volleyball tournaments, boat marina, vendors, concerts, and active night life. With water on 3 sides of this neighborhood, your long-term value will always appreciate. Additionally, benefit from the new instant hot water system installed in 2022. This is the main street which directs traffic to and from the QEW - great for your commercial tenant. Acquire this asset with built-in equity today. Small VTB available at list price. Opportunity to get most funds out through CMHC select loan program. Time to step up. Portfolio defining asset with room for growth and near future value over $2m!! Don't miss this! (36835936)

Location Description

Exit Seventh Street, at both roundabouts, stay on Seventh Street, turn right onto Lakeshore Rd which turns into Main.

Property Summary

Property Type
Business
Community Name
438 - Port Dalhousie
Land Size
Unit=36 x 115 FT|under 1/2 acre
Annual Property Taxes
$9,092
Time on REALTOR.ca
60 days

Building

Building Features
Foundation Type
Block
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Amenities Nearby
Public Transit

Measurements

Square Footage
6800 sqft

Land

Lot Features
Frontage
36 ft
Land Depth
115 ft
Other Property Information
Zoning Description
C1
Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
David Belanger